Insurance
Tiq 1.62% 3-year endowment plan
By Simple Budget, Simple Life  •  October 29, 2021
It has been 10 months since I last talked about Tiq. Back then, they were advertising for a 1.68% 3-year endowment plan which I got for my mum. This time, they are rolling out a 1.62% 3-year endowment plan with a minimum saving of $10k. If you have extra cash lying around and wants a low risk avenue to park your $ (instead of dumping to crypto or REITS with volatility), you can consider this plan to diversify your money. I believe for those who jump into the crypto rabbit hole, these 1+% interests looks darn pathetic. I feel you. But crypto ultimately holds some risks as there's no strong regulation backing; even stablecoins. So I'm considering placing $10k of my cash here. Also, this beats my DBS Multiplier interest of 1.60% and I had to jump through hoops ok....
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By Simple Budget, Simple Life
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